Which Activity Does Ordering and Receiving Agreement-Based Materials Belong to in the Value

question 83

Multiple Choice

Which activity does ordering and receiving agreement-based materials belong to in the value chain?

• A)inbound logistics
• B)procurement
• C)operations
• D)outbound logistics

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Definitions:

Current Assets

Resources anticipated to be transformed into cash, disposed of, or utilized within a year or throughout the usual cycle of business operations.

Percentage of Sales

A financial ratio that compares a company's profitability, expanses, or other financial indicators to its total sales, often expressed as a percentage.

Percentage of Receivables

A method used to estimate the amount of receivables that will not be collected by calculating a percentage based on historical data.

Key Parties

Key parties refer to the main individuals or groups involved in a specific area of business, such as stakeholders in a project or transaction.